{"id":6297,"date":"2019-07-15T17:29:48","date_gmt":"2019-07-15T11:59:48","guid":{"rendered":"https:\/\/blog.payumoney.com\/?p=6297"},"modified":"2025-06-25T23:29:44","modified_gmt":"2025-06-25T17:59:44","slug":"disburse-bulk-payments-in-minutes-with-payu-payouts","status":"publish","type":"post","link":"https:\/\/payu.in\/blog\/disburse-bulk-payments-in-minutes-with-payu-payouts\/","title":{"rendered":"Disburse Payments in Minutes with PayU Payouts"},"content":{"rendered":"\n

In businesses, you often need to make bulk payments such as vendor\/partner payments, employees\u2019 salaries, refunds and disburse prize money. And for this, you need a payment system that works along with you and not only on weekdays from 9 to 5.<\/p>\n\n\n\n

After having a discussion with a lot of our merchants, we discovered that they were facing issues regarding bulk transfers and refunds. Therefore, to make it easy for you to carry out your business payments, we decided to build PayU Payouts<\/a>.<\/p>\n\n\n\n

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With PayU Payouts, you will be able to make bulk payments quick and fast. Payouts will send money to your receivers\u2019 accounts via IMPS, NEFT or UPI through API. <\/strong><\/p>\n<\/blockquote>\n\n\n

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\"Bulk_Payments_PayU_Payouts\"<\/figure><\/div>\n\n\n

If you are an existing PayUmoney merchant, you will only have to sign an additional agreement. This will be shared by our sales representative. Click here<\/a> to get started. <\/p>\n\n\n\n

Note: If you are not a registered PayUmoney merchant, you will first have to sign up by following the standard onboarding process. This will be followed by signing an agreement shared by our sales representative. To sign up on PayUmoney, click here<\/a>.<\/p>\n\n\n\n

After you have opted for the Payouts feature, follow these 3 simple steps to send Payouts:<\/strong><\/h2>\n\n\n\n

1.Add money in your PayU Payouts account provided by PayU through IMPS or NEFT. <\/p>\n\n\n

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2.Add receiver\u2019s details, i.e., bank account number & IFSC code of people to whom Payouts have to be made.<\/p>\n\n\n\n

3.Send Payouts instantly in just one click!<\/p>\n\n\n\n

New Feature: \u201cSmart Send\u201d with PayU Payouts<\/strong><\/h2>\n\n\n\n

Don\u2019t have account detail of your customers? Don\u2019t worry! With our new Smart Send feature, you don\u2019t have to worry about collecting and filling bank account details of your customers, for making payouts, yourself! You can make payouts to anyone, anytime without collecting their bank account details manually! <\/p>\n\n\n\n

How Does Smart Send Work?<\/strong><\/p>\n\n\n\n

1.Add money in your PayU Payouts account provided by PayU through IMPS or NEFT. (as mentioned above)
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2. Provide us with some details (listed below) for the payment to be made through PayU payout via the Smart Send APIs: <\/p>\n\n\n\n